Growing challenges to the euro's status as a reserve currency in a fast-changing global economy are, for now, staying the ...
The European Central Bank's payments crash last week meant salaries and welfare funds were delayed for thousands of people.
FX traders are facing a monumental recalibration as the ECB prepares for its next move. Germany’s seismic fiscal shift has ...
"I am very concerned about the European economy," European Central Bank policymaker Mário Centeno told CNBC's "Squawk Box Europe" on Friday. The ECB on Thursday took down its gross domestic product ...
FRANKFURT — The European Central Bank cut its key deposit rate by 25 basis points to 2.50 percent, but its boss, Christine ...
ECB President Christine Lagarde has reiterated the central bank’s cautious stance, but opposition is growing at the Russian frontier.
The breakdown in the Target 2 (T2) payment system late last month meant banks could not settle transactions with each other for the better part of a day ...
Inflation in Europe eased to 2.4% in February, supporting the case for another interest rate cut from the European Central ...
J.P.Morgan, in alignment with Goldman Sachs, foresees a rise in the euro area's economic growth in 2025 due to Germany's fiscal reforms, predicting growth increases for 2025 and 2026. However, U.S.
EUROPEAN shares pared declines to close flat on Thursday, after the European Central Bank’s interest rate cut boosted bank ...
FRANKFURT (Reuters) -Banks struggled to process payments on Friday after an unprecedented day-long breakdown in the European ...